Sonova Holding AG (OTC: SONVY)
Medical Devices · Stäfa, Switzerland · Founded 1947
- Market capitalization: $18.0 billion
- Annual revenue: $4.0 billion
- Net income: $0.6 billion
- Employees: 18,000
- Sector: Healthcare
- Headquarters: Stäfa, Switzerland
- Founded: 1947
Source: Statvoo company profile for Sonova Holding AG. Browse all 500+ companies
Sonova is a Swiss company and the world's largest hearing aid manufacturer, operating through the Phonak, Unitron, and Sennheiser (consumer hearing) brands. They also make cochlear implants through Advanced Bionics. The hearing aid market is benefiting from aging demographics and the new OTC hearing aid category.
Sell hearing aids to audiologists and directly to consumers, plus cochlear implants and audiological care services. The hearing aid replacement cycle (every 4-5 years) creates recurring demand. They also operate a network of audiological care clinics.
Founded in 1947 in Stäfa, Switzerland, Sonova has grown through innovation and acquisitions. The purchase of Sennheiser's consumer division in 2022 expanded their brand into mainstream audio. They've been investing in Bluetooth connectivity and AI-powered hearing aids.
| Market Capitalization | $18.0B |
| Annual Revenue | $4.0B |
| Net Income | $0.6B |
| Profit Margin | 15% |
| Revenue per Employee | $222222K |
| Stock Exchange | OTC |
| Ticker Symbol | SONVY |
Financial data is approximate and based on most recent annual filings.
Modern hearing aids are essentially tiny computers — Sonova's latest models use AI to adapt sound processing in real-time. The OTC hearing aid market, opened by US regulation in 2022, could dramatically expand the addressable market.
Sonova is perfectly positioned for the silver economy. Hearing loss is massively undertreated, and technology improvements are making hearing aids less stigmatized.
What is Sonova Holding AG's revenue?
Sonova Holding AG generates approximately $4.0 billion in annual revenue.
How many employees does Sonova Holding AG have?
Sonova Holding AG employs approximately 18,000 people worldwide.
What is Sonova Holding AG's market cap?
Sonova Holding AG (SONVY) has a market capitalization of approximately $18.0 billion on the OTC.
When was Sonova Holding AG founded?
Sonova Holding AG was founded in 1947 and is headquartered in Stäfa, Switzerland.
Who is the CEO of Sonova Holding AG?
Arnd Kaldowski is the current CEO of Sonova Holding AG.
What is Sonova Holding AG's website?
Sonova Holding AG's official website is sonova.com.
| CEO | Arnd Kaldowski |
| Sector | Healthcare |
| Industry | Medical Devices |
| Founded | 1947 |
| HQ | Stäfa |
| Country | Switzerland |
| Website | sonova.com |
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